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Abu Dhabi-based Mubadala invests Rs 9,000 crore in Reliance Jio

Shortpedia

Content Team

Reliance Industries Limited (RIL) on Friday announced that Abu Dhabi-based investment company Mubadala has invested Rs 9,093.60 crore in Jio Platforms, making it the sixth firm to do so in less than six weeks. Jio has raised Rs 87,655.35 crore as a result of the successive global investments. Mubadala has made the investment for 1.85 per cent equity stake in Jio Platforms, which is the digital wing of Reliance’s business.